NNI Q1 2018 Earnings — Nelnet, Inc. Revenue & Financial Results | Market Cap Arena

NNINelnet, Inc.

$5B

Q1 2018 Earnings

Financial Services Financial - Credit Services

Income Statement

Revenue

$437M+51.6% YoY

Gross Profit

$298M68.1% margin

Operating Income

$149M34.1% margin

Net Income

$114M26.1% margin

EPS (Diluted)

$2.78

QoQ Revenue Growth

+47.8%

Cash Flow

Operating Cash Flow

$58M

Free Cash Flow

$30M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$23.9B

Total Liabilities

$21.7B

Stockholders' Equity

$2.2B

Cash & Equivalents

$69M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$437M	$288M	+51.6%
Gross Profit	$298M	$180M	+65.0%
Operating Income	$149M	$77M	+94.5%
Net Income	$114M	$50M	+127.7%

Revenue Segments

Loan Servicing And Systems Revenue

$100M36%

Government Servicing - Nelnet

$39M14%

Government Servicing - Great Lakes

$31M11%

Tuition Payment Plan Services

$23M8%

Payment Processing

$20M7%

Education Technology And Services

$17M6%

Private Education And Consumer Loan Servicing

$13M5%

Communication Revenue, Service Offering

$9M3%

FFELP Servicing

$8M3%

Software Services

$8M3%

Internet

$5M2%

Television

$3M1%

Telephone

$2M1%

Outsourced Services Revenue And Other

$2M1%

Other Service Offering

$277,0000%

Other Communication Revenue

$21,0000%